Indonesian Political, Business & Finance News

Prabowo Assures Regional Leaders They Will Receive More Funding

| Source: ANTARA_ID Translated from Indonesian | Politics
Prabowo Assures Regional Leaders They Will Receive More Funding
Image: ANTARA_ID

Jakarta (ANTARA) – President Prabowo Subianto assured regional leaders that they should not worry about cuts to transfers to regions (TKD), saying the amount would be greater than before.

“Regents and governors, do not worry. We are not reducing the money for your districts. I will prove that the funds flowing to your districts and provinces will be far greater under my administration than before,” Prabowo said at the National Coordination Meeting of the Regional Financial Access Acceleration Teams (TPAKD) in Jakarta on Thursday.

The President stressed that his government would focus on stimulating the economy not only in large companies, but also at grassroots level across all regions of Indonesia.

Development would be spread evenly across the regions to help ensure that economic activity grew from the bottom up, including through the distribution of funds to local governments.

“Next year, I believe we will distribute even more. All our potential is there to strengthen [the economy]. Our goal is for our people to prosper. I want to be President to see my people prosper,” Prabowo said.

Previously, the Finance Ministry disbursed Rp599.2 trillion in transfers to regions (TKD) as of 30 September 2026, equivalent to 82.4 per cent of the state budget target of Rp727.2 trillion.

Finance Deputy Minister Suahasil Nazara said at the APBN KiTa press conference at the Finance Ministry in Jakarta on Friday (9 October) that the initial allocation had been Rp693 trillion.

However, following a number of natural disasters, additional funding was allocated to regions, bringing the estimated total transfers to around Rp727 trillion.

Suahasil said the government would continue disbursing TKD in October, November and December 2026 to support public services and local government needs.

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